Bangkok: Charoen Pokphand Foods Public Company Limited (CPF) has announced a net profit projection of 25,197 million baht for 2025, marking a 29% increase from the previous year, largely attributed to an improved gross profit margin. The company plans to maintain its focus on sustainability, cost control efficiency, and digital technology application as it looks forward to 2026.
According to Thai News Agency, CPF's President and CEO, Mr. Prasit Boonduangprasert, emphasized the importance of reinforcing the company's business fundamentals to cope with an uncertain economic climate, currency fluctuations, and increased industry competition. Despite these challenges, CPF is confident in achieving its profit targets through strategic asset management and operational efficiency.
For 2025, CPF projects sales revenue of 571,135 million baht, representing a 2% decrease year-on-year due to the strong Thai baht affecting the conversion of international financial statements. However, in local currency terms, sales were up by 3%, driven by growth in international operations. The company's sales distribution includes 62% from international operations, 5% from domestic sales, and 33% from Thailand.
CPF's gross profit for 2025 increased by 14% compared to 2024, with a gross profit margin rising to 16.9%. This growth was supported by effective supply chain management, reduced production costs, lower raw material prices, and higher average pork prices in the region during the first half of the year.
Looking ahead to 2026, CPF aims to build on its 2025 performance by prioritizing food security and embracing innovation and sustainability. The company is focusing on digital transformation and product design to meet modern consumer needs and ensure sustainable growth.
In financial matters, CPF's board of directors approved a second dividend payment of 0.25 baht per share for 2025, bringing the total annual dividend to 1.25 baht per share. This will be proposed at the annual shareholders' meeting in April 2026. Additionally, the board plans to propose an increase in the debenture issuance limit to 50,000 million baht, providing an alternative financing option with lower costs.